Copper Porphyry System
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Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System
Globenewswire· 2026-01-14 12:30
Core Viewpoint - Erdene Resource Development Corporation has announced promising drilling results from its Khuvyn Khar copper-silver prospect, indicating a significant copper component in the porphyry system, which is strategically located near major infrastructure and markets in China [2][3]. Company Overview - Erdene Resource Development Corporation is a Canada-based resource company focused on gold production at the Bayan Khundii Gold Mine in Mongolia, with interests in various precious and base metal projects in the Khundii Minerals District [21]. Drilling Program Details - A recent drilling program at Khuvyn Khar involved 3,362 meters across 24 holes, targeting both the Zuun Mod molybdenum-copper deposit and new gold zones [4][5]. - The program included 18 holes testing the upper 150 meters of the Zuun Mod deposit, with results pending for most holes except ZMD-162 [5]. Significant Findings - Drill hole ZMD-162 intersected 65 meters averaging 0.63% copper and 2.9 g/t silver, including a higher-grade zone of 30 meters averaging 1.25% copper and 6.1 g/t silver [8][12]. - The mineralized zone extends from 238 meters downhole to 450 meters, characterized by potassic alteration and associated copper mineralization [8][11]. Future Exploration Plans - The company plans to expand exploration efforts in 2026 to further investigate the Khuvyn Khar copper porphyry system at depth, following the successful results from recent drilling [9][10]. - Advanced geophysical surveys and additional drilling are scheduled to enhance understanding of the mineralization potential in the area [3][9]. Strategic Location - Khuvyn Khar is located approximately 200 kilometers from China, the largest consumer of copper and molybdenum, and benefits from recent infrastructure investments in Mongolia [3][8].